TSMC is on a slippery slope. Taiwan Semiconductor Manufacturing , the world's largest chipmaker, on Monday pledged $100 billion in fresh funds to build factories in the United States. It also committed to set up a major research and development centre stateside,
President Trump and Taiwan Semiconductor Manufacturing announced a $100 billion company investment in Phoenix. The deal could have broad significance.
The U.S. is Taiwan's ace in the hole as it faces China's threats, so does Trump's fickle foreign policy fuel concern, or does Taipei have "a better hand"?
A longstanding U.S. policy of strategic ambiguity toward Taiwan has—under Trump—begun to breed anxious uncertainty.